As the Texas House considers House Bill 3, a tax bill that institutes new taxes in order to fund HB 2 (the education reform bill passed last week), the Texas Public Policy Foundation, the National Federation of Independent Business, and the Texas Conservative Coalition Research Institute are offering a solution that meets revenue needs without doing damage to Texas’ economic growth and competitive advantage.
Taxes & Spending
Hijacked: How the Bond Process is Being Used Against Taxpayers
School bonds are one of the main instruments contributing to Texas’s local government debt, which is currently over half a trillion dollars. Key points: As of 2026, school bond debt in Texas is over $236 billion. In May of 2023, Texas passed 79% of the 245 bond proposals put on the ballot, costing taxpayers $22.9...
April 7, 2026